Which of the Following Subsequent Expenditures Would Be Capitalized

question 59

Multiple Choice

Which of the following subsequent expenditures would be capitalized?

• A)Ordinary repairs and maintenance.
• B)Additions.
• C)Improvements.
• D)Additions and improvements.

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Definitions:

Civil Rights

Rights guaranteed to individuals by law, including freedom of speech, assembly, and equality before the law, aimed at preventing discrimination.

Poll Tax

A tax levied as a fixed sum on every liable individual, historically used as a means of voter suppression by requiring payment as a precondition for voting.

Taft-Hartley Act

A 1947 federal law in the United States that restricted the activities and power of labor unions, also known as the Labor Management Relations Act.

Wagner Act

A 1935 United States law officially known as the National Labor Relations Act, which guaranteed workers the right to form unions and bargain collectively.